Search results
Results from the WOW.Com Content Network
Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
A 1 billion U.S. dollar special loan for small and medium-sized African businesses was also established. China also announced eight new policy measures aimed at strengthening relations with Africa that were "more focused on improving people's livelihoods". [11] Wen announced that China will write off the debt of some of the poorest African nations.
China's bilateral relationship with Ethiopia is one of its most prioritized in Africa and China believes Ethiopia is particularly significant in peace and security within east Africa. [3]: 109 Relations are longstanding, with Chinese direct investment (FDI) in Ethiopia reaching US$4 billion and bilateral trade growing to $5.4 billion by 2016-2018.
Today, the presence of diamonds, gold, silver, uranium, cobalt and large oil reserves have brought Africa to the forefront of industrial development, with many of the world's economic powers building relations with Africa's resource rich nations. As of 2008, the entire GDP of Africa was about $1.2 trillion. [30]
Embassy of South Africa in China. Official relations between the PRC and South Africa were established on January 1, 1998. [2]: 349 The dismantling of the apartheid regime in South Africa and the fall of the Soviet Union in the early 1990s opened up the possibility of official relations being established between the PRC and South Africa.
From 1989 to 1990, China sent 20 personnel to Namibia to help monitors its elections; this was China's first involvement in United Nations peacekeeping efforts in Africa. [3]: 205 Namibia and the PRC established relations on 22 March 1990, which was the day after Namibia's independence. [1] The government of Namibia adheres to the One-China policy.
In 2011 and in the first 8 months of 2012 Angola was the second largest trading partner of China in Africa, after South Africa. [15] In 2016, the worth of trade between the two countries had declined to US$15.6 billion; Chinese exports to Angola amounted to US$1.68 billion and Angolan exports to China amounted to US$13.97 billion. [16]
Africa's triple heritage, as envisioned by Mazrui and promoted in this documentary project, is a product resulting from three major influences: (1) an indigenous heritage borne out of time and climate change; (2) the heritage of eurocentric capitalism forced on Africans by European colonialism; and (3) the spread of Islam by both jihad and evangelism.